Gujarat Mulls Investing in Canadian LNG Terminal

Indian state of Gujarat and several Indian companies are looking to invest in an export LNG terminal in Canada for importing gas from the country.

"The State government and Indian companies are ready to invest in Canada if the Harper government is willing to export LNG to India," said D J Pandian, Principal Secretary in the state's Energy and Petrochemicals Department, on Thursday, Press Trust of India reported.

He said that Gujarat wants to tap cheaper natural gas in the Canada and is ready to invest in a LNG export terminal in the country, and a few Indian companies have made preliminary agreements to invest in such projects.

Pandian, who is leading an Indian business delegation, was addressing businesses at a reception organised by the Indo-Canada Chamber of Commerce (ICCC) in Toronto.